Wednesday, November 10, 2010

The Organizational Structure of Innovation

The organizational structure of the company can contribute to the acceleration of innovation management in the spirit of innovation Fast. This article provides the seven key actions in order to structure their innovation management and organization for Fast Innovation.
1. Delegation of Decisions to Innovation Teams
2. Integration of R&D into the Business Units
3- Co-Location of Teams and Departments
4- Central Innovation Teams
5- Central Innovation Funds
6-External Interface for Open Innovation
7-Merger & Acquisition Department

So I found this article very interesting because it analyzes what are the seven key actions in order to structure their innovation management and organization for Fast Innovation like Google, Toyota, Microsoft and Sony.

http://www.the-innovation-machine.com/?p=83

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